Bureau of Economic Analysis

Survey of Current Business

Table of Contents January/February 1996

Selected articles may be accessed by clicking on the links below. (An
Acrobat (PDF) version of the table of
contents is also available; however, links to other files will work only when
you use Acrobat Reader
4.0.)

Special in this issue

1 Improved Estimates of the National Income
and Product Accounts for
195995:
Results of the Comprehensive Revision (PDF)

In January, BEA released revised NIPA estimates
beginning with 1959 that reflect a comprehensive revision of the
accounts. The comprehensive revision introduced the following major improvements
to the accounts: Improved chain-type measures of real output and prices, a new
treatment of government investment, a new methodology for calculating
depreciation, and new and redesigned tables. For 195994,
the revised estimates of real GDP show an average annual growth rate of 3.2 percent, 0.2
percentage point higher than the previously published estimates. For 198794,
however, the revised growth rate of 2.3 percent is 0.1 percentage
point lower than previously published.

National Income and Product Accounts Revision.
Additional information from the
comprehensive revision of the
NIPAs will be presented in
forthcoming issues of the SURVEY;
see the box "Data Availability" on page 26.

Characteristics of
Foreign-Owned U.S. Manufacturing Establishments: Country-of-Ownership
Differences.
The March issue
of the SURVEY will contain an article that examines
differences by country of owner in the operating characteristics and industrial
composition of foreign-owned U.S. manufacturing establishments.